As suggested on 15.5 EURUSD hit the resistance zone which was also a psych level 1.15. Downtrend followed as expected and went through .864 Fib zone towards .618 Fib retracement zone. Upcoming FED meeting can suggest following EURUSD direction and I would expect EUUSD bounce back from .618 to 1.13 levels where I see next selling zone with stop loss place around 1.15
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.